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The former CTO of CEX released a commemorative token for his new book on the Zora network this morning, which may be the reason for the rise of ZORA.
On May 26, Balaji Srinivasan, the former Chief Technology Officer of CEX, launched a commemorative Token for his new book “The Network State” on the Zora network this morning. The Token’s market capitalization exceeded $7 million before dropping back to $4.5 million, with a transaction volume of $4.3 million since its launch. According to previous reports, ZORA has risen over 30% in the last 24 hours. BlockBeats reminds users that such Tokens have high price fluctuations, and users should invest cautiously.